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Mobile E-Education

Company

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Electronic educational products, including for children with disabilities.

Owners:
LANIT-Holding - 31%
1C Joint Stock Company - 40%
Alexander Mikhailovich Kondakov - 29%

Content

Revenue Ths. rub

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Owners

+ Mikhailov Alexander.
+ Alexander Mikhailovich Kondakov

Mobile Electronic Education is a developer and supplier of system software solutions, the Russian online educational system Mobile Electronic School, educational services and services for the general education system that ensure the implementation of the requirements of the FSES Standard for General Education. Created in 2014. Member of the Skolkovo IT cluster. The founders of the MEO company are the Lanit group of companies, the 1C company and Alexander Mikhailovich Kondakov.

Performance indicators

2022: Revenue growth of hundreds of percent

The revenue of Mobile Electronic Education LLC (MEO) in 2022 increased by 393%, to 838.9 million rubles, according to the FTS database. After several years of loss, the company for the second year in a row ended the reporting period with net profit: this figure amounted to about 236.1 million rubles.

Management expenses of MEO in 2022 increased 11 times, to 536.2 million rubles. 379.5 million rubles were spent on wages for workers, about 4 times more than in 2021.

The MEO circuit also includes the BIT virtual school, operating in the form of OANO, which provides online school services for schoolchildren with the possibility of obtaining a state certificate. The MEO told TAdviser that this project is also developing successfully.

The revenue of the school "BIT," according to the database of the Federal Tax Service, in 2022 increased by 93.7%, to about 91 million rubles. Thus, the total annual figure of two legal entities amounted to about 930 million rubles.

In 2023, the MEO expects the consolidation and expansion of the presence in the market of specialized basic general education, primarily in the direction of IT "(photo - algoritmuspeha.ru)"

In the last ranking of the largest EdTech companies in Russia Smart Ranking, the MEO takes 17th place in the[1]. True, the ranking declared total revenue in the amount of 1.147 billion rubles, which does not coincide with the data of the FTS database.

Until recently, the main area of ​ ​ work of the MEO was school education. Also in her portfolio were proposals for preschool education. In August 2022, the MEO rebranded and became available also for students and adults. The company then hoped that the new approach would help attract new users[2].

The growth in turnover (revenue and expenses) in the MEO is associated with the company's great activity in entering new markets - additional education of schoolchildren and additional vocational education, explained TAdviser Alexander Kondakov, co-owner and general director of the MEO, Doctor of Pedagogical Sciences, Corresponding Member of RAO.

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A tangible contribution was also made by the successful work of the MEO to provide schools with access to digital educational content (CTC), here the support of education from the state played an important role, in particular, the project of subsidizing educational organizations to obtain access to CTCs from various manufacturers (educont.ru), while the participation of the MEO also played an important role in other federal projects as one of their leading providers (suppliers). In total, more than 300 thousand users took part in the educational projects of the MEO, - added Alexander Kondakov.
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The MEO team is working towards studying and meeting the rapidly changing demands of the consumer: today the market for educational services is changing as rapidly as the high-tech market.

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In 2023, we expect the consolidation and expansion of the presence in the market of specialized basic general education, primarily in the direction of IT. We will concentrate on maximum business diversification as the basis for the sustainability and success of the company in an extremely unstable market situation, - said TAdviser co-owner and CEO of MEO.
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2020: Turnover growth by 24% to 131 695 324 rubles

Mobile Electronic Education, which is a joint project between 1C and the Lanit Group, shared the results of its work in 2020 with TAdviser on May 14, 2021. The turnover of the developer of the educational platform increased by 24% to 131 695 324 rubles compared to 2019. At the same time, over three years, from the turnover of 31,971,720 rubles in 2018, the company more than quadrupled.

  • 1C and
    Collaborative Edtech Lanita businesses grew by 24% in 2020
    Photo source: okean.org

The main business growth was evenly distributed between the areas of preschool and school education. As of May 2021, 2.5 thousand educational institutions use the platform: 33.5 thousand teachers and 318 thousand students from 84 regions of Russia.

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The company's consistent growth shows that the foundation of its well-being was laid long before. Since pandemics 2016, the platform has grown from a product that several schools knew about to a voluminous interregional network covering all levels of general education. The company's staff has increased several times and continues to grow, as well as the number of courses provided,
noted Alexander Kondakov, General Director of Mobile Electronic Education.
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"Mobile electronic education" is a full-fledged educational environment for the formation and development of the personality of students from 3 to 18 years old. At the heart of all courses is the principle of humanocentric: in the center is a child who, with the support of adults around him, builds his educational trajectory.

The number of courses on the platform is steadily increasing. As of May 2021, 274 online courses are available to users, including 121 courses in basic school subjects, 11 programs for preparing for Olympiads, 14 collections of tasks, 9 courses for preparing for the OGE and USE, 40 courses adapted for children with disabilities.

In 2020, Mobile e-Education became a Russian partner of Intel. Together, the companies are developing the Intel AI For Youth program "Artificial Intelligence Technologies for Everyone" in Russian schools. It is aimed at developing digital competencies among students.

Notes